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  1. Wah Kwong in US$98m venture

    Posted Oct 20th 2010, 12:00am by Keith Wallis

    ... deadweight tonne dry cargo bulk carrier, that had been built by Dalian Shipbuilding Industry. The christening ceremony, which was attended by representatives from Wah Kwong, including Chao ... of intent for the 319,000 deadweight tonne very large crude carrier with the Shanghai shipyard in August. Teekay Tankers said about US$70 million of the cost of the ship would be financed by banks. ...

  2. Joint venture targets China maritime sector with US$900m play

    Posted Mar 15th 2011, 12:00am by Keith Wallis

    ... Lines and China Shipping Container Lines. The second would cover other ship types including dry cargo bulk carriers or tankers and the purchase of shipping companies. Porter said Seaspan, which ... container and dry bulk ships and other shipping assets. Graham Porter, chairman of Hong Kong's Tiger Group Investments, said the scope of the venture was 'very broad' and could ...

  3. Former HK chef in bold bid for British aircraft carrier

    Posted Jan 07th 2011, 12:00am by Minnie Chan, Niall Fraser

    ... Niall Fraser, Greg Torode and Minnie Chan A UK-based Hong Kong businessman has made an audacious bid to buy one of Britain's most famous aircraft carriers- HMS Invincible- which he ... for the 30-year-old, 200-metre long carrier, which is being sold in an internet auction by Britain's Ministry of Defence through the UK government's Disposal Services Authority. The Invincible- which ...

  4. In Brief

    Posted Mar 13th 2004, 12:00am by Staff Reporter

    ... Profit per share dropped to 74.3 cents from 95.8 cents. The final dividend will be 20 cents. China shipping up 73pc Riding on surging freight rates, bulk carrier China Shipping Development saw ...

  5. China Southern, Air China in dogfight for Shenzhen carrier

    Posted Jan 11th 2010, 12:00am by Charlotte So

    ... remains with the Guangdong government's investment arm. Shenzhen Air is among the few mainland carriers that have been profitable. It reported 49.94 million yuan (HK$56.73 million) profit ... and Guangzhou-based China Southern, the largest mainland carrier, signed a comprehensive co-operation pact. The Shenzhen government, which owns 10 per cent of Shenzhen Air, said it would support China ...

  6. Hyundai moves into China

    Posted Dec 01st 2004, 12:00am by Annette Chiu

    ... for small to medium-sized tankers and bulk carriers. Hyundai has long been planning to diversify into shipbuilding, according to a company spokeswoman, and China, with its abundant supply of cheap ...

  7. Mainland telecoms carriers bank on HK connectivity

    Posted Aug 12th 2008, 12:00am by Staff Reporter

    ... and Asia American Gateway, which more than 20 telecommunications carriers have invested in, will land in Hong Kong in the near future. The cables can provide more than 1,125 gigabytes per second ... Western Corridor, linking Shenzhen Bay Port and the mainland while interconnecting with the China Telecom network. It is the fourth cable linking Hong Kong and mainland carriers. Including the new ...

  8. Express freight carrier UPS cleared for extra HK flights

    Posted Apr 21st 2004, 12:00am by Russell Barling

    ... (UPS) additional rights to link Singapore and Hong Kong to its intra-Asia hub in the Philippines as the carrier expands its Asian network. In October, UPS will begin making six extra runs a week ... remaining 'fifth-freedom' rights under the 2002 agreement and will bump UPS' entitlement to 18 flights a week through Hong Kong. Fifth-freedom rights allow carriers to pick up ...

  9. HK carrier to expand Asia services

    Posted Nov 27th 2003, 12:00am by Annette Chiu

    ... Annette Chiu Cargo carrier Air Hong Kong will expand its Asian network by launching express services to Taipei, Seoul and Osaka in the first quarter of 2005, after taking delivery of six ... operating officer David Saechiu said the carrier was focused on developing scheduled services to major Asian cities. While admitting the rapidly developing mainland cargo market was attractive, Mr ...

  10. In Brief

    Posted Jun 11th 2004, 12:00am by Staff Reporter

    ... price-earnings ratio, it said. Passenger traffic soars for mainland carriers China Southern Airlines saw passenger traffic reach 7.07 million in the first five months, up 58 per cent from last year when Guangzhou was heavily affected by the Sars outbreak. Passenger traffic at Shanghai-based China Eastern Airlines soared almost 73 per cent year on year to 6.88 million. Japan takes bulk of yanzhou ...




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